Answer:
$48,000
Explanation:
The problem asks for "the amount of interest Winrow must PAY in 2013"
This might sound difficult but it's actually very simple.
Just multiply $6000,000 by the interest rate of 8%
So $600,000 multiplied by 8% is <u>$48,000</u>
That is the amount of cash to be paid for the interest in December 2013
A. One may fall into debt if faced with a serious problem
Answer:
Her net pay for the month is $6,392.42
Explanation:
In order to calculate Her net pay for the month we would have to calculate the following formula:
net pay for the month=Gross earnings-Total Deductions
Gross earnings=$8,438.00
Deductions:
Social security tax=$8,438*6.2%
=$523.16
Medicare tax=$8,438*1.45%
=$122.35
Federal income tax=$1,400.07
Total deductions=$523.16+$122.35+$1,400.07
=$2,045.58
Therefore, Net pay=$8,438.00-$2,045.58=$6,392.42
D. offering products at discounted rates
This is an example of a marketing promotion that a company could offer to increase sales.
"a" is an example of a logistic planning process and the other 2 options are not business activities.
Answer: A business must cover its opportunity costs as well as its out-of-pocket expenses to be truly profitable.
Explanation:
A firm's implicit costs are its opportunity costs. Opportunity costs are the returns that a company would have made had it invested in the next best venture than the one they are currently in.
If a business is to be truly profitable, it is important that they earn enough to cover both their out of pocket costs as well as their opportunity costs that way it can be definitively said that the venture that they went into was better than the next best venture they could have gone into.
